REGISTERED NUMBER: 04387742 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

KRD Electrical Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr K R Dobinson

REGISTERED OFFICE:

3 Asquith Gardens

Benfleet

Essex

SS7 3SZ

REGISTERED NUMBER:

04387742 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Property, plant and equipment

4

1,702

2,269

CURRENT ASSETS

Debtors

5

733

2,962

Cash at bank

3,000

459

3,733

3,421

CREDITORS

Amounts falling due within one year

6

(5,213

)

(5,359

)

NET CURRENT LIABILITIES

(1,480

)

(1,938

)

TOTAL ASSETS LESS CURRENT LIABILITIES

222

331

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

220

329

SHAREHOLDERS' FUNDS

222

331

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

Mr K R Dobinson - Director

1.	STATUTORY INFORMATION

KRD Electrical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

13,380

4,291

17,671

DEPRECIATION

At 1 April 2024

11,291

4,111

15,402

Charge for year

522

45

567

At 31 March 2025

11,813

4,156

15,969

NET BOOK VALUE

At 31 March 2025

1,567

135

1,702

At 31 March 2024

2,089

180

2,269

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

733

2,962

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

30

-

Taxation and social security

4,573

5,359

Other creditors

610

-

5,213

5,359

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr K R Dobinson

Balance outstanding at start of year

2,229

(83

)

Amounts advanced

46,373

47,589

Amounts repaid

(49,211

)

(45,277

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(609

)

2,229

8.	RELATED PARTY DISCLOSURES

The director Mr K R Dobinson is considered to be the key management personnel.